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After blasting higher in a remarkable breakout surge, gold is pulling back. Such mid-upleg selloffs are normal and healthy, rebalancing sentiment to maximize uplegs’ longevity. Gold’s...
Last year marked a record for U.S. oil production with an average daily production of 12.93 million barrels per day. However, current data shows that average daily production in 2024 is...
Today, I’ll tell you what's causing the glut in oil and gas, explain why these companies are paying to have their natural gas taken away, and show you one way to profit from...
I was shocked to hear there was gambling going on at Ricks Café and equally shocked to hear that Biden’s price caps on Russian oil have failed.
At the end of Thursday, the Dow Jones Index (US30) rose by 0.85%, and the S&P 500 Index (US500) rose by 0.91%. The NASDAQ Technology Index (US100) closed...
European natural gas prices rallied yesterday despite comfortable storage and a bearish outlook. The move higher in crude oil was more modest, after several bearish developments over the week
The monthly Non-farm payrolls labor market report will be released in the US today. In April, the US economy is expected to add 243,000 new jobs after 303,000 in March.
Gold is consolidating right around a key trendline as the market awaits the US NFP and ISM Services PMI reports. We got a spike on Wednesday as the Fed was pretty dovish compared to the hawkish...
Gold and silver were under pressure and recovered into the close, with silver showing its usual resiliency.
The yen was once known as a safe-haven currency for investors to protect themselves when broader markets are shaky or other currencies are...
Gold against the 60/40 portfolio is the most important gold chart for 2024.
FCOJ closed higher and held the trading range once again. Reports of tight supplies are around.
At Tuesday's close, the Dow Jones Index (US30) added 0.23%, while the S&P 500 Index (US500) was down 0.34%. The NASDAQ Technology Index (US100) closed...
Crude Oil has been falling steadily lately with analysts citing the peace deals in the Middle East. That looks like noise to me and the majority of the selloff might have been more about the...
Brent crude oil prices have dropped to $83.95 per barrel Thursday, marking the lowest level in seven weeks.